Europe Surgical Suture Market to Grow at a CAGR of 5.6% to reach US$ 1,413.74 Million from 2020 to 2027
The Europe surgical suture market is expected to reach US$ 1,413.74 million by 2027 from US$ 925.29 million in 2019. The market is estimated to grow at a CAGR of 5.6% from 2020 to 2027.
The growth of the market is attributed to the increasing number of orthopedic surgeries and cardiovascular surgeries, and government support for the healthcare industry. However, the adoption of robots in surgeries is likely to have a negative impact on market growth.
The Europe surgical suture market is expected to witness significant growth during the forecast period due to the rise in the number of cardiovascular surgeries and general surgeries across the globe. Thus, in Europe the conditions and symptoms such as rise in diabetic cases and lifestyle changes are leading to increasing number of cardiovascular surgeries and general surgeries. Since the last 25 years, the number of cardiovascular cases has increased in the European countries. As per the European Cardiovascular Disease Statistics in 2015, about 85 million people in Europe and 49 million in EU were suffering with cardiovascular diseases.
The UK is one of the key markets for surgical suture in Europe. As per the British Heart Foundation (BHF) statistics there are nearly 7 million people suffering from cardiovascular diseases in the UK, especially the aging population. Analyzing the facts for the cardiovascular disease, BHF conducted innovative health programs to improve services for people living with CVD or at risk of CVD.
Furthermore, the National Health Service (NHS) in England has a scheme that will help patients get benefited with the innovative products. For instance, an innovative and surgical suture that aims to reduce the risk of infection from Methicillin-resistant Staphylococcus aureus (MRSA), which causes serious skin infections or infect surgical wounds, will join the NHS schemes.
Europe Surgical Suture Market Segmentation
By Product
- Absorbable Suture
- Natural Sutures
- Synthetic Sutures
- Anti-microbial Sutures
- Non-Absorbable Suture
- Stainless Steel Sutures
- Nylon Sutures
- Prolene Sutures
- Others
By Type
By Application
- Cardiovascular Surgery
- General Surgery
- Gynaecology Surgery
- Orthopaedic Surgery
- Ophthalmic Surgery
- Others
By Country
- UK
- Germany
- France
- Italy
- Spain
- The Netherlands
- Belgium
- Luxembourg
Company Profiles
- Assut Medical Sarl
- Péters Surgical
- W. L. Gore and Associates
- Medtronic (covidien)
- Johnson and Johnson medical n.V. (Ethicon)
- B. Braun Melsungen Ag
- Smith and Nephew
- serag-Wiessner Gmbh and Co. Kg
- Teleflex Incorporated
- Demetech Corporation
Europe Surgical Suture Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 925.29 Million |
Market Size by 2027 | US$ 1,413.74 Million |
Global CAGR (2020 - 2027) | 5.6% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Product
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Type, Application, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
The List of Companies - Europe Surgical Suture Market
- Assut Medical Sarl
- Péters Surgical
- W. L. Gore and Associates
- Medtronic (covidien)
- Johnson and Johnson medical n.V. (Ethicon)
- B. Braun Melsungen Ag
- Smith and Nephew
- serag-Wiessner Gmbh and Co. Kg
- Teleflex Incorporated
- Demetech Corporation